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, and today's investment ideas. good morning. it's thursday, february 21st. i'm angela miles. in today's first look: traders are on fed alert. traders shifted into sell-off mode yesterday. the dow is back below 14,000 and the s&p 500 had its worst day of the year. much of that had to do with a sign from the fed its bond buying program may be winding down. we'll take a closer look at the slides in gold and oil later in the show. and sony took the wraps off a new product last night: playstation 4. it's intended to compete against games on the web and mobile devices. and electric car company tesla is set to turn a small profit in the first quarter. however, the stock sold off 3% last night after the company revealed losing $90 million in the 4th quarter. if you're wondering what traders think about yesterday's sell-off, todd horwitz is here to tell us. he's with the adam mesh group. hi todd. > > hello. we are making dramatic moves, and technically there is no damage to the market. the trend in the market still remains higher. just look for us to come down for some support here around 1500 or 1505
of that group, arizona senator jeff flake, said rubio is the key to getting the job done. angela mcglowan is fox news political analyst, very well plugged in on capitol hill and knows a thing or two about this issue. is jeff flake right? is marco rubio the lynchpin? >> jeff flake is right but jeff flake is also a key player in this. he is conservative member of congress just elected to the senate when jon kyl retired in arizona. jeff flake has an interesting story that he grew up around mexican migrant workers so he understands that plight. however marco rubio is a member of the hispanic conference which is republican hispanic members of congress but also the hispanic caucus. these are more liberal members of congress. the one thing they can agree on is immigration reform the but, jon, a house divided can not stand and the senate has been a little bit different from the house as we've seen. so these two members can bring both houses together. jon: there are a number of very conservative members of the house who don't like the fact that people who came to this country illegally, walked across the
of the congress has never even debated immigration reform. let's talk with the angela mcglowan, fox news political analyst. it is kind of interesting, both the president and the congress seem to be interested in getting immigration reform done. >> yes. jon: the question is, what are they going to do with it and there are not a lot of experienced hands on the topic. >> instead of talking about experienced hands, being a former lobbyist they have staffers that are have specialty on immigration law. they can counsel members of the congress and leaders in the party can educate the members the. the challenge the president wants to push it through quickly for political gain. you have members of congress who want to push it through slowly to educate these members on what needs to be done. jon: for instance, marco rubio, the republican senator from florida who has been a leading voice on it from the republican side he has said what the president has put forward is dead on arrival as far as he's concerned when it comes to the senate. >> just like in 2007 when you have the mccain-kennedy bill and then you h
. as for the picture over in europe, some comments from germans chancellor angela merkel about the euro saying between 130 and 140 for the u.s. dollar is normal. those are the comments being focused on this morning. a mixed bag in terms of europe and take a look at the picture in asia. the nikkei, the one to focus on, closing at a 4 1/2-year high in yesterday's session. >> fresh five-years for the s&p and dow, fresh 12 years for the nasdaq, helped in part by a renewed appetite for deal making. >> cracks in the housing picture this morning, january starts to decline 8 1/2%. toll brother earnings sharply miss earnings. >> could demand for the iphone be cooling? fox con pressuring shares this morning. >>> the rally continuing with the dow and s&p having their best day in two weeks. nasdaq closing at 12-year highs. dow less than 130 points from closing at an all-time high. guys, a lot of discussion about how it's a nominal high. but getting back to 14164 would be news. in some form or fashion, jim. >> i think that there is a level of, dare i say, excitement. in other words, we're seeing levels that we hav
Search Results 0 to 5 of about 6 (some duplicates have been removed)

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